Colorado is one of the fastest aging states in the country and Boulder County is also rapidly aging. Reverse mortgages are becoming more popular as baby boomers retire and want to maintain their standard of living. The reverse mortgage is a financial tool, which has helped many over 62 years old. In my previous article, […]
Buying or refinancing your home with an interest-only loan
Another tool to help buyers in an accelerating market is the interest-only mortgage. (Photo: Karolina Grabowska/Pexels). The 30-year fully amortized loan has been the mainstay of real estate financing in the U.S. for decades, yet market conditions often bring about different types of mortgages to help buyers get into a home. At one time, there […]